After a brief return of optimism in March, foreign institutional investors (FIIs) reversed course and turned net sellers in early April, rattled by a sudden escalation in global trade tensions. The trigger came on April 2, when U.S. President Donald Trump announced steep reciprocal tariffs, prompting a sharp correction in global equity markets and reigniting … Read more
Pashupati Advani, Founder, Global Foray, says we will see positive surprises in companies which have a lower tariff than people expect. The second thing that will happen is if there is any kind of misbalancing and arbitrage opportunity in the tariffs, companies that are able to take advantage of that will be winners. Whoever moves … Read more
A file image is used for representational purpose only. | Photo Credit: Reuters India is open to cutting tariffs on more than half of U.S. imports worth $23 billion in the first phase of a trade deal the two nations are negotiating, two government sources with knowledge of the matter said, the biggest cut in … Read more
Right after Donald Trump‘s victory in the US presidential election, many thought Elon Musk, who had supported Trump, would benefit from the new administration. There was also the talk of conflict of interest when Musk assumed charge at the Department of Government Efficiency (DOGE). Musk contributed at least $119 million to a pro-Trump spending group, … Read more
Increased trade policy uncertainty and prospects of new tariffs could weigh on global trade in the medium term, the World Trade Organisation (WTO) said Wednesday. As per the organisation’s Goods Trade Barometer, global goods trade appeared to remain steady in the fourth quarter of 2024 and looked set to continue growing in the first months … Read more
Devina Mehra, Founder & CMD, First Global, says when there is fear, anxiety and uncertainty, that is when the next period returns are above normal. When everything looks very good and as was the case in 2024, when people were saying, “I am conservative and I want only 35% compounding”, that is when the next … Read more
Gold prices on Tuesday zoomed by Rs 1,100 to reclaim the Rs 89,000 mark in the national capital on increased buying by jewellers and stockists and strong global trends, according to the All India Sarafa Association. The metal of 99.9 per cent purity rallied by Rs 1,100 to Rs 89,000 per 10 grams from the … Read more
“There was an expectation that third quarter will be slightly better than first half. In the first half, if you remember, Nifty has shown a growth of about 3.5% on a year-on-year basis,” says Harsha Upadhyaya, CIO-Equity, Kotak AMC.First up, give us a sense of how quarter three has shaped up overall. What are you … Read more
A YSRCP delegation, led by district president Bhumana Karunakar Reddy, returning after submitting a representation to APSPDCL in Tirupati on Friday. | Photo Credit: K.V. POORNACHANDRA KUMAR Leaders of the YSR Congress Party (YSRCP) took out demonstrations across Tirupati district on Friday (December 27) against the hike in power tariff. Led by party Tirupati district … Read more
West Palm Beach (US): Canadian Prime Minister Justin Trudeau said Saturday he had an “excellent conversation” with Donald Trump at his Mar-a-Lago club after the president-elect’s threat to impose significant tariffs on two of America’s leading trade partners raised alarms in Ottawa and Mexico City. It was unclear, as Trudeau headed back to Canada from … Read more